For All The Daily News, Views, & Trending Stories, Download Flip News CA App Today!

Canada’s Health-Care Spending Projected to Reach $372 Billion in 2024 Amid Rising Costs

  • Health-care-spending in Canada is set to reach $372 billion in 2024, representing a 5.7% increase over last year, as healthcare costs continue to outpace economic growth.
  • Rising expenses are attributed to new initiatives, including dental and pharmacare-expansions, which have pushed per capita spending to over $9,000.
  • The spending is projected to comprise 12.4% of Canada’s GDP, highlighting-ongoing-financial-pressures in the sector.